Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Tech giant Tencent makes peace with China’s ‘old godmother’
By Pei Li HONG KONG (Reuters) - Chinese tech giant Tencent said it has made peace with the country's best-known chilli oil maker Lao Gan Ma, after an advertising scam that bewildered many and generate...
Jul 10, 2020
ING accelerates Dutch branch closures as customers go digital
AMSTERDAM (Reuters) - Dutch bank ING will close a quarter of its bank branches in the Netherlands as the COVID-19 pandemic has accelerated the switch to digital banking, it said on Friday. The largest...
Jul 10, 2020
Exclusive: India panel proposes new regulator for non-personal data – draft report
By Aditya Kalra NEW DELHI (Reuters) - India should set up a data regulator and require companies to disclose how they collect and store data devoid of personal details or which has been anonymised, a ...
Jul 10, 2020
Indonesian e-tailer Bukalapak turns street sellers into banking agents
By Fanny Potkin SINGAPORE (Reuters) - Indonesian startup Bukalapak, backed by Chinese fintech Ant Group, aims to turn the mom-and-pop stores that use its B2B e-commerce platform into banking agents th...
Jul 10, 2020
BOJ offers virtual tour as headquarters off limits amid pandemic
By Leika Kihara TOKYO (Reuters) - Forced to cancel a popular on-site tour due to the coronavirus pandemic, the Bank of Japan created a virtual one that takes viewers through the brick corridors, dome-...
Jul 10, 2020
China state funds to cut stakes in PICC, some tech firms amid stock bull run
By Samuel Shen and Emily Chow SHANGHAI (Reuters) - People's Insurance Co (Group) of China (PICC) and three China-listed tech companies said their major state shareholders plan to reduce holdings - a m...
Jul 09, 2020
China’s autonomous vehicle company WeRide starts driverless testing
BEIJING (Reuters) - WeRide, a Chinese autonomous vehicle startup, said on Friday it has become the first autonomous company to start fully driverless vehicle testing in China, as the world's biggest a...
Jul 09, 2020
Exclusive: Amazon plans at least $100 million to keep Zoox talent after $1.3 billion deal
By Stephen Nellis and Jane Lanhee Lee (Reuters) - Amazon.com Inc plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered...
Jul 09, 2020
Exclusive: Goldman Sachs-backed payments startup Marqeta prepares for IPO
By Joshua Franklin and Krystal Hu (Reuters) - Marqeta Inc, the U.S. payment card issuing start-up whose investors include Goldman Sachs Group Inc, is seeking to hire investment banks to advise on a po...
Jul 09, 2020
U.S. to announce, but defer, retaliation over French digital tax: USTR
WASHINGTON (Reuters) - The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from U.S. technology firms, U...
Jul 09, 2020
